Monetary Policy Guidelines

Files to download

Files to download

This publication presents the monetary policy guidelines approved annually by the Monetary Policy Council and subsequently submitted to the Sejm for its information, this being done concurrently with the submission by the Council of Ministers of the draft Budget.

The document contains a characterisation of the external and internal factors conditioning monetary policy, policy targets, and the instruments for achieving them.

Monetary Policy Guidelines for 2023

Monetary Policy Guidelines for 2022

Monetary Policy Guidelines for 2021

Monetary Policy Guidelines for 2020

Monetary Policy Guidelines for 2019

Monetary Policy Guidelines for 2018

Monetary Policy Guidelines for 2017

Monetary Policy Guidelines for 2016

Monetary Policy Guidelines for 2015

Monetary Policy Guidelines for 2014

Monetary Policy Guidelines for 2013

Monetary Policy Guidelines for 2012

Monetary Policy Guidelines for 2011

Monetary Policy Guidelines for 2010

Monetary Policy Guidelines for 2009

Monetary Policy Guidelines for the Year 2008

Monetary Policy Guidelines for the Year 2007

Monetary Policy Guidelines for the Year 2006

Monetary Policy Guidelines for the Year 2005

Monetary Policy Guidelines for the Year 2004 

Monetary Policy Guidelines for the Year 2003

Monetary Policy Guidelines for the Year 2002

Monetary Policy Guidelines for the Year 2001

Monetary Policy Guidelines for the Year 2000

Published in Polish and English by Narodowy Bank Polski.
Tel: +48 22 185 28 88